Quest gets a bid from Dell

City A.M. Reporter
QUEST Software has received an improved bid from Dell to buy the maker of enterprise management software for about $2.32bn (£1.5bn), a source close to the matter said last night.

The US firm disclosed that it had received an improved bid but did not reveal the bidder’s identity. The company has recently been pursued by Insight Venture Partners and a mystery bidder – now known to be Dell.